The Rollup

Kanye Coin, Token Mill’s Flywheel, Monad’s Next Chapter with Josh Benaron, Dima Zhelezov, Kevin McCordic, Ian Rogers and Altcoin Sherpa

Aug 21, 2025
Josh Benaron, founder of Iris specializing in AI-driven data solutions, shares insights on a recent $10 million fundraising triumph. Altcoin Sherpa discusses the chaotic rise of Kanye Coin, while Dima Zhelezov emphasizes the critical role of democratizing data for traders. Ian Rogers from Ledger highlights the importance of security and self-custody in crypto. Together, they explore the shifting landscape of cryptocurrency, touching on innovative solutions like Token Mill and the integration of AI in trading, all while navigating a cautious market.
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INSIGHT

Celebrity Token Pump Lacked Breadth

  • Kanye's Yeezy coin pumped quickly but was largely centralized, with 70–87% of supply in a few wallets, causing most traders to lose money.
  • The market showed fatigue and less speculative fervor compared to past celebrity launches, reducing the overall impact.
INSIGHT

Prediction Markets Become Liquidity Layer

  • Prediction markets are converging with sports betting and traditional finance via platforms like Polymarket and Kalshi.
  • Liquidity pools can become infrastructure that other front-ends and distribution channels plug into.
ADVICE

Match VC Thesis When Raising

  • When fundraising, tailor your pitch to each VC's thesis and show how you plug into their mental model.
  • Focus on product traction, developer tooling, and institutional adoption to increase Series A interest.
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